London’s Oldest Indian Restaurant Veeraswamy Faces Closure Over Lease Row

K N Mishra

    16/Apr/2025

What’s covered under the Article:

  • Michelin-starred Veeraswamy may close due to the Crown Estate’s refusal to renew lease

  • Victory House refurbishment plan threatens the iconic 99-year-old Indian restaurant

  • Veeraswamy’s co-owner has moved court to save the restaurant’s historic legacy

Veeraswamy, one of London's oldest and most iconic Indian restaurants, is at risk of closing in its 99th year due to a dispute with the Crown Estate. Established in 1926 on Regent Street, Veeraswamy is not only a culinary institution but also holds the distinction of being the first Indian restaurant in the UK to receive a Michelin star in 2017. Despite its prestigious status and long-standing history, it is now facing an uncertain future due to issues surrounding its lease.

The restaurant is located in Victory House, a historic building owned by the Crown Estate, which is responsible for maintaining and managing the royal family’s properties. The Crown Estate, which is operated as an independent commercial entity and remains under the control of the reigning monarch, has informed Veeraswamy that it will not be extending the restaurant’s lease beyond June 2025. This notice has raised alarm among the restaurant’s owners, especially as the business has been situated in the same building for nearly a century.

The Lease Dispute

The Crown Estate's plans to refurbish Victory House, which include upgrades to the building's offices and changes to the entrance, have been a key factor in the decision not to extend the lease. Ranjit Mathrani, co-owner of Veeraswamy, has expressed his frustration over the situation, emphasizing that even the royal family, known for their appreciation of history, would likely be unhappy about the closure of such a culturally significant institution.

Mathrani has sought legal recourse, approaching the court to prevent the restaurant’s closure. He pointed out that the restaurant has played a significant role in London’s gastronomic scene and cultural history. It has welcomed an impressive array of famous guests over the years, including Indian leaders like Jawaharlal Nehru and Indira Gandhi, as well as notable figures such as Queen Elizabeth II and Charlie Chaplin. The restaurant's legacy has made it an integral part of London's multicultural fabric.

A Culinary Institution at Risk

Veeraswamy’s Michelin star and its reputation as a premier destination for Indian cuisine have set it apart from other restaurants. The restaurant has consistently delivered an upscale dining experience, merging traditional Indian flavors with modern techniques. Its potential closure, especially in its 99th year, would mark the end of an era for one of London’s most iconic eateries.

As the restaurant faces this looming threat, both the Crown Estate's plans for building refurbishment and Veeraswamy's owners’ fight to preserve its legacy remain at the heart of the unfolding drama. Whether the restaurant will manage to continue operations beyond the June 2025 deadline remains uncertain, but the ongoing legal battle and public support may influence the final decision.

In the meantime, Veeraswamy's loyal patrons and supporters, along with those who appreciate the restaurant's rich history and contribution to London’s dining culture, hope that a solution can be reached that will allow the iconic institution to continue serving guests for many years to come.

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